Addressing racial wealth gaps

Our Commitment

Land Bank Twin Cities

2 grants from 2022-2022
Saint Anthony
MN

Grants Received

$2,000,000
in
2022
Term
120 months

Saint Anthony, MN — The Land Bank Twin Cities will spread the practice of community organizations taking site control of real estate for community-driven affordable housing and small business development. Acquired properties were at risk of speculative investment and are held until a community organization can engage in community-driven visioning and planning while increasing its capacity for ownership. Site control is a proven practice for creating wealth when properties are transferred to local ownership and providing a pipeline of creditworthy owners in BIPOC communities.

$2,100,000
in
2022
Program
Community Innovation Grants
Term
60 months

Saint Anthony, MN — The Land Bank Twin Cities will spread the practice of community organizations taking site control of real estate for community-driven affordable housing and small business development. Acquired properties were at risk of speculative investment and are held until a community organization can engage in community-driven visioning and planning while increasing its capacity for ownership. Site control is a proven practice for creating wealth when properties are transferred to local ownership and providing a pipeline of creditworthy owners in BIPOC communities.